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Article: Temptation Foods hikes stake in Kohinoor to 12 pc.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- December 22, 2008
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Temptation Foods hikes stake in Kohinoor to 12 pc
Mumbai, Dec 22 (PTI) -- Frozen food exporting firm Temptation Foods has hiked its stake in Kohinoor Foods to about 12 per cent through open market purchase.
A disclosure made to the stock exchanges by Kohinoor Foods today showed that Temptation Foods has acquired two lakh shares, representing 0.75 per cent stake in the company, through open market purchases.
Temptations Foods, which held 11.23 per cent stake in Kohinoor Foods, manufacturer and exporter of basmati rice, before the said acquisition, now holds over 31.80 lakh shares aggregating 11.98 per cent stake in the company.
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